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NICKEL FARE RUINED B.R.T., SAYS BRADY; Another Cent Would Have Saved the Road From a Receivership, He Testifies.

Special to The New York Times. ();

January 16, 1924,

, Section AMUSEMENTS HOTELS AND RESTAURANTS, Page 21, Column , words

[ DISPLAYING ABSTRACT ]

ALBANY, Jan. 15. -- A six-cent fare could have saved the B.R.T. from a receivership and have enabled the road to weather the succession of financial storms through which it was passing in 1917 and 1918, causing bankruptcy on Dec. 31, 1918, Nicholas F. Brady testified today before Surrogate Lawyer. Mr. Brady then was Chairman of the Executive Committee and the board of the B.R.T.

January 16, 1924

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